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New day.. New office location.. New Seat..
So many new things happened to me before this new year comes.
Newness always brings enthusiasm and excitement.
Hope this New Year also comes with hand full of surprises as Every Day is a New Day indeed..!!!

When: 31 BC
Where: Rome and Egypt
What’s So Special about Their Love: These two had a love so strong, war was waged against them to break them up. When Mark Antony left his wife, Octavia, for the mesmerizing Cleopatra, Octavia’s brother Octavian brought the army of Rome to destroy them. These two lovers were so entranced with each other that they committed suicide rather than be apart- the ultimate Romeo and Juliet true love story.

Monday, March 19, 2012

Mumbai,
the financial hub of India is one of the hottest property destinations
in Indian real estate market. The city promises major infrastructure
growth and development which has led to the real estate development in
residential and commercial segment.

Moreover, the city is witnessing residential and commercial growth in
suburban areas. For instance, the Vasai-Virar region in western suburb
of the city is famous for budget housing, the area near Panvel, where
the developers have launched integrated township projects as the region
is close proximity to infrastructure like upcoming international
airport, the Trans-Harbour Link, railway station and mono rail,
according to ET Bureau.

Also, developers are looking forward to boost the lifestyle in Mumbai,
which is now flourishing in residential sector. Therefore, developers
are introducing more integrated township projects and luxury housing
projects in the city considering buyers’ need, which has shifted from
traditional to quality lifestyle. These are the factors driving the
growth of real estate in Mumbai making it one of the top real estate
destination in India.

2) Delhi-NCR:

National
capital region (NCR) is another top property destination in India, when
it comes to real estate. The NCR is renowned for business, politics
and fast growing infrastructure, which are driving the real estate
growth in residential and commercial segment.

Today high-tech townships are the new buzz word among real estate developers and NCR boasts of having such townships like Wave city and Sushant Megapolis, which is in close proximity to Ghaziabad and Greater Noida.

Moreover, developers are coming up with more luxury housing projects in
NCR region. Today, buyers are also making their shift from normal
apartment to luxury apartments where they can experience premium
facilities to boost their lifestyle. For instance, leading developers
like DLF and Wave Infratech are investing huge amounts in luxury housing
projects in the NCR region of Noida and Gurgaon. DLF has already sold 350 flats in luxury housing projects in a price bracket of about 500 crore, at Gurgaon and Wave Infratech is likely to invest 4000 crore to develop integrated township project in Noida.

Apart from luxury housing projects and integrated township projects, Noida in NCR region is also witnessing soaring demand for studio apartments.
Therefore developers and realtors are investing in studio apartment
segment to obtain good return on interest. These are the factors driving
the growth of real estate development in Delhi-NCR region.

3) Bangalore:

Bangalore, the silicon valley of India, is one of the most attractive property destinations in India. The city’s real estate sector experiened stable market situation even during the economic crises that occurred in 2009.
The city has huge potential considering the economy and infrastructure,
as it is an IT hub and hence, investors are capable enough to make high
investment on property, which has transformed Bangalore into robust
real estate market of the country.

Moreover, the garden city is witnessing huge growth in luxury housing
segment as most of the city buyers are eager to invest in luxury
properties rather than usual apartments. Considering the fact of high
demand, developers are launching new projects with luxury amenities to
satisfy buyer’s need. Also, the city’s real estate segment is one favorite destination for foreign investors and developers are planning their projects accordingly, to meet global living standards to lure buyers.

The demand for housing has also led to the growth of new residential
hubs in suburban areas of Bangalore. For instance, the suburban areas
which are growing in residential projects at a fast pace are like Bellary Road, Doddaballapur, Hebbal, Yelahanka and also in the surrounding areas of NH-7,
among others. However, most of the residential projects are coming
under luxury housing categories and some are based on eco-friendly theme
as well.

4) Ahmedabad:

Ahmedabad,
one of India’s fastest growing cities is now probing to be an ideal
city for real estate investments due to good infrastructure and high-
income individuals. The city has got huge potential due to strong
economy, developers and investors are on the wheels to park their excess
funds in the real estate sector.

Good infrastructures are motivating the developers to launch new residential projects in Ahmedabad. For example, most of the developers have launched their residential projects in the city after the development on SG Highway. These developers are attracting investors by providing good deals and offering affordable property.

The city is receiving integrated township and low-cost housing, as Tata Housing Development Company along with Arvind Group are about to launch 1600 crore integrated township project and 8-12
lakh low-cost housing in the city. According to Tata Housing MD and
Chief Executive Officer Brotin Banerjee, "We have partnered with Arvind
Real Estate (an Arvind textile group company) to develop 135-acre
integrated township in Ahmedabad."

5) Hyderabad:

Hyderabad,
the city of Pearls, has been one of the major hubs for IT/ITeS
industry, and has observed massive growth in this sector over the past
decade. The city’s real estate sector is gaining popularity and
developers are launching increasing number of new residential projects
and luxury housing projects, which has made this city as one of the
favorable realty destination in India.

The city is witnessing huge growth and development due to increased job opportunities.
The reason behind the development is because of ongoing infrastructure
projects and the advanced facilities which have made Hyderabad the most
sought out area of the city for accommodation. Some of the posh
residential areas include Alwal, Kapra, L.B. Nagar, Patancheru, Uppal
Kalan, Ramachandrapuram, Rajendranagar, Serlingampally, Malkajgiri, and
Qutubullapur.

However, the city is observing more real estate activities as the areas
have the benefit of being strategically located near IT corridors, good
connectivity of roads and availability of space at affordable prices,
are the key features that are attracting developers to construct new
projects under residential, commercial and retail.

6) Pune:

IT/ITeS
companies and luxury housing are driving the growth of Pune real estate
market. Pune has become one favorable real estate destination in India
as increasing number of residential projects are coming up. Developers
are launching new residential projects and luxury housing projects in
Pune. The drastic change has come within buyers, who are opting for
quality lifestyle and prefer luxury housing.

Furthermore, Pune suburban areas are also witnessing growth
in real estate movements where developers are offering affordable
housing as well as coming up with luxury residential projects along with
quality amenities and add-ons features.

According to Anuj Nangpal, Director of Investment Advisory of DTZ
India, Kochi’s real estate market is mainly dominated by non-resident
Indians (NRIs). The city’s realty market is likely to see a major growth
in under-development facilities like Vallarpadam international
(shipping) container terminal and technology parks become operational.

The growth pattern of the city is likely to change because of several
planned infrastructure and commercial projects. Nangpal of DTZ cited
that “The region currently has two operational SEZs. Five more are
expected to become operational over the next three years. The new SEZs
will generate employment and bring migrant population. This is expected
to boost real estate growth in the city”, reports Business Today.

Himadri Mayank, Senior Manager, research and real estate intelligence
service, Jones Lang LaSalle India said that, Coimbatore is known for its
industries which have become one of the favorite hot spot for the IT
industries.

9) Mohali:

The
neighboring city to Chandigarh, Mohali, offers a good scope for real
estate market in India. The real estate scenario of the city is
optimistic. For instance, Greater Mohali is observing prominent
residential development in Landra-Mohali Road area. Adding to it are the
Pan India developers like Ansals, Emaar-MGF, DLF and Unitech, who have
acquired land to change the look of this area by developing mega and
multi-sector residential hubs. The area is in close proximity to places
like upcoming international airport and 120-acre townships with IT SEZ,
according to ET Bureau.

10)Jaipur:

Jaipur,
the pink city, has surprisingly made it to the list; this city is not
far behind when it comes to property investments. The city hosts some of
the best planned and balanced real estate developments surpassing other
Indian cities in residential, commercial and retail segment, according
to ET Bureau.

Another contributing factor which has led to the boom of real estate in
Jaipur is that the city offers plenty options of land availability on
the outskirts to address the limited land availability issues within
city limits. Moreover, close proximity to infrastructure and easy
connectivity to the adjacent towns of Rajasthan has made Jaipur one of
the favorable real estate destinations in India.